ISLAND ELDERLY HOUSING INC (EIN 042638453) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1977

Legal Domicile

Principal Officer

DOROTHY YOUNG

Phone

5086935880

Tax Period

2024-09-01 to 2025-08-31

ISLAND ELDERLY HOUSING INC, founded in 1977, is a community nonprofit that reported $1.3M in total revenue in fiscal year 2024. Expenses of $1.2M left a modest 3% surplus.

Mission

PROVIDE AFFORDABLE HOUSING FOR THE ELDERLY AND DISABLED

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $14,104

Program Service Revenue $923,311

Investment Income $6,430

Other Revenue $319,621

TOTAL REVENUE $1,263,466

Expense Breakdown

Grants Paid $0

Salaries & Benefits $543,071

Fundraising Expenses $0

Program Expenses $904,895

Other Expenses $680,534

TOTAL EXPENSES $1,223,605

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,263,466	$1,191,276	+0.1%
Expenses	$1,223,605	$1,232,715	0.0%
Net Income	$39,861	$-41,439	-2.0%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$150,673

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
SANDRA DOLBY	DIRECTOR	2.00	Director	$0	$0	$0
KARA CONNORS	DIRECTOR	2.00	Director	$0	$0	$0
ROBERT EDMUNDS	TREASURER	2.00	Director	$0	$0	$0
COLE POWERS	PRESIDENT	2.00	Director	$0	$0	$0
JEMIMA JAMES	CLERK	2.00	Director	$0	$0	$0
THERESA C MORRISON	VICE PRESIDENT	2.00	Director	$0	$0	$0
KATHRYN HAM	DIRECTOR	2.00	Director	$0	$0	$0
DOROTHY YOUNG	EXECUTIVE DIRECTOR	20.00	Key Emp	$150,673	$0	$150,673

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,263,466	$1,223,605	$3,582,779	$39,861
2024	$1,191,276	$1,232,715	$3,466,730	$-41,439
2023	$1,196,618	$1,040,599	$3,489,593	$156,019
2022	$916,888	$1,033,436	$3,307,245	$-116,548
2021	$911,909	$1,070,720	$3,448,696	$-158,811
2020	$873,052	$994,114	$3,562,280	$-121,062
2019	$920,742	$915,646	$3,650,176	$5,096

ISLAND ELDERLY HOUSING INC